By Florence Tan SINGAPORE (Reuters) -Oil prices slipped nearly 1% on Monday after Iraq’s Kurdistan region resumed crude oil exports via Turkey over the weekend and as OPEC+ plans another oil output hike in November, adding to global supplies. Brent crude futures fell 63 cents, or 0.90%, to $69.50 a barrel by 0023 GMT after…
(Bloomberg) — Oil rose amid signs of tighter supplies in the near term and on stronger demand signals in the US. Most Read from Bloomberg West Texas Intermediate crude rose 1.7% to settle above $67 a barrel, snapping a three-day losing streak. Equity markets advanced — typically a bullish indicator for commodities — after better-than-expected…
Iran has that Iranian dissident groups are present in the Kurdistan region. TheKurdistan Regional Government’s (KRG) interior ministry on Friday pointed the finger at Iranian-backed militias in Iraq as culprits behind recent drone attacks. The attacks began on June 24 when the ceasefire came into force after 12 days of Iran-Israel conflict. The US had…